Author Archives: Online Editor

SES: Modern underground parking garage in Innsbruck completed

Following a construction period of two years and an investment volume of more than EUR 13 million, the general overhaul of the 3-story underground parking garage at SES shopping center SILLPARK Innsbruck has been completed. The project was comprised of … Continue reading

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redos: Funds division increases AUM to over EUR 1.8 billion in 2020

Among the total of nine properties purchased are an EDEKA supermarket with an adjacent ALDI discounter store in the North-Rhine Westphalian city of Essen, a retail park in Bad Münstereifel, also located in the state of North-Rhine Westfalia, with EDEKA as … Continue reading

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ECE opens cano shopping center in singen

The shopping center offers a sales area of approximately 16,000 m², spread across three floors with about 85 stores. Of these stores, roughly 55 are concepts that are brand new to the city. The center is almost fully leased as … Continue reading

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The First Store by ALEXA retail competition enters its third round

First Store by ALEXA as Academy Edition will be open exclusively to students of this creative academy and it will take place at 12 locations in Germany, as well as in Vienna and Amsterdam. The competition will allow entrants to completely … Continue reading

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IKEA at Westbahnhof Vienna celebrates topping out

At a digital press conference, the IKEA team led by Managing Director Alpaslan Deliloglu, querkraft architect Jakob Dunkl and François Leclerc, Vice President Brand & Operations JO&JOE, provided information about the further milestones that are still to be achieved before … Continue reading

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Klépierre ranked as world leader in the fight against climate change by CDP

RECOGNITION FOR KLÉPIERRE’S ALREADY SIGNIFICANTLY REDUCED CARBON FOOTPRINT This recognition underlines Klépierre’s commitment to a low-carbon future and rewards all of the steps taken to reduce greenhouse gas emissions in malls across its portfolio. The results also pay tribute to … Continue reading

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Warburg-HIH Invest reinforces management board by recruiting Carsten Demmler

Warburg-HIH Invest Real Estate (“Warburg-HIH Invest”) will expand its Management Board in line with its growth trajectory. Carsten Demmler (45) was appointed to the Management Board and will join its present members, Hans-Joachim Lehmann and Alexander Eggert, as of 1 … Continue reading

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Placewise hosts Global Shopping Centre Summit 

To join them for a global perspective on the shopping center industry from retail real estate, financial, and tech insiders including: CEOs Hans Jorgen Morland (Scala Eiendom), Louis Conforti (The Washington Prime Group), Adrian Heymans (ECC Real Estate), along with … Continue reading

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Tatjana Fiedler joins Deutsche Investment Retail as Transaction Manager

Tatjana Fiedler (55) has been working in the real estate industry for more than 25 years and during this time has gained extensive experience in asset management, property management and transaction management for the asset classes residential, commercial and retail. … Continue reading

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Apleona’s growth path to continue under new owner PAI

Apleona, the real estate services company headquartered in Neu-Isenburg, close to Frankfurt am Main, has been acquired by PAI Partners (PAI), the French private-equity company. The seller is EQT, the Swedish financial investor. The transaction is subject to approval from … Continue reading

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Five propositions regarding the potential of sustainable retail Parks in Germany

By Moritz Felix Lück 1. Assume Responsibility ESG revolves around the future of the retail real estate industry – nothing more, nothing less. Changes constantly occur, and these changes affect our businesses, our societies, and the environment. In terms of … Continue reading

Multi announces departure COO Rüdiger Dany

Steven Poelman, Board Member of Multi Corporation, said: “On behalf of the Management Board, I wish to express our appreciation for Rüdiger’s service to Multi and his excellent management during his tenure. Rüdiger played an important role in further professionalizing … Continue reading

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Echo becomes the owner of plots for city-forming projects in Kraków, Łódź and Poznań

The developer designs open city quarters there, which will perfectly fit into surroundings and needs of residents, called “destinations”. A total of approx. 240 thous. sqm of modern residential, office as well as shopping and service space may be created on these plots. Echo Investment has completed the … Continue reading

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Turkish brand FLO – for the first time in Kyiv for Ukrainian buyers in Prospekt shopping mall

On this occasion, Yağmur Ahmet Güldere, Ambassador Extraordinary and Plenipotentiary of the Republic of Turkey in Ukraine, Burak Pelivan, President of the Association of Turkish-Ukrainian relations, Mehmed Ali, Regional Director of Flo in Ukraine, Anna Chubotina, CEO of Arricano and … Continue reading

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Debenhams set to close

Those options included a sale of all or part of the UK business; a further restructure of Debenhams’ operations to go forward on a standalone basis; or the orderly wind-down of the Debenhams business. The sale process has not resulted in a … Continue reading

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VIA Outlets and NEINVER awarded 5 star rating in 2020 GRESB benchmark

VIA Outlets As part of the corporate rankings, VIA Outlets scored 85 points, five points ahead of its peer group average, reflecting its commitment to making a lasting positive contribution to the places in which it owns and manages outlet … Continue reading

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CBRE: Jan Janáček is the new Head of A&T Retail

The retail team of CBRE, the world’s leading commercial real estate company, has rewarded the long-standing experience and loyalty of its employees with three promotions. Jan Janáček was named the new Head of Advisory & Transaction Services Retail and Naďa Kryglová … Continue reading

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Digital initiative for brick-and-mortar retail, gastronomy operators, and service providers in Austria

Recently SES Spar European Shopping Centers presented a new customer and retailer platform: “yip.at” (your information point). From now on, all interested retail, gastronomy, service, and skilled trade businesses from all over Austria will be linked to yip.at in order … Continue reading

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Multiplex operator CinemaxX extends rental contract in QUARREE Wandsbek by 15 years

The CinemaxX in Hamburg’s QUARREE Wandsbek shopping center has been an institution in the Hanseatic city’s cinema landscape for almost 20 years. Now the multiplex operator CinemaxX has extended its lease with the owner of QUARREE Wandsbek, Union Investment, by … Continue reading

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Conscientious Shopping

SES is committed to sustainable construction and environmentally friendly and resource-saving operations for all of its properties. To that end, SES has adopted a clear energy policy and has made substantial investments in the use of environmentally friendly energy at … Continue reading